When we discuss disruption in financial services we tend to focus on the new competitors that have the potential to disrupt the banking business itself. This trend suggests that disruption can also occur on the vendor side -- established solutions providers also can be vulnerable to new and non-traditional players coming into the market. Established vendors have their own legacy products, after all. Sometimes the new players are very focused on some developing areas, such as mobile, offers, social, etc. Sometimes they benefit from a "cool factor" that established players don't have. Obviously not all of these market entrants will succeed -- and some of them ultimately will be acquired (or at least are hoping they will be) by established players. However, we've already seen over the past couple of years further consolidation in fintech. With growing investment in fintech startups, it looks to be a very fluid market. That will present a lot of opportunities to banks, but also challenges around ROI, vendor/resource management, etc.